Foster Wheeler AG is an international engineering, construction and project management company. It also engages in the supply of power equipment. The company operates through two business segments: Global Engineering & Construction Group, and Global Power Group. The Global Engineering & Construction Group segment designs, engineers and constructs onshore and offshore upstream oil and gas processing facilities, natural gas liquefaction facilities and receiving terminals, gas-to-liquids facilities, oil refining, chemical and petrochemical, pharmaceutical and biotechnology facilities and related infrastructure, including power generation facilities, distribution facilities, gasification facilities and processing facilities associated with the metals and mining sector. The Global Power Group segment designs, manufactures and erects steam generators and auxiliary equipment for electric power generating stations, district heating and power plants and industrial facilities worldwide. Foster Wheeler was founded in 1927 and is headquartered in Berkshire, the United Kingdom.